MBI Technology definition

MBI Technology means non-patented proprietary technology and information relating to oligonucleotide antisense technology (including, without limitation, research data,
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MBI Technology means, to the extent owned or in-licensed (with a right to sublicense) by MBI during the Term and necessary or useful to develop, manufacture, use, sell or distribute the Licensed Products, the following: all technology, technical information, inventions (whether or not patentable), know-how, procedures, methods, designs and data, including, without limitation, concepts, discoveries, works of expression, derivative works, specifications, processes, techniques, plans, drawings, and all other scientific or technical information or materials, in whatever form, and all patent, copyright, trademark and trade secret rights related to the Licensed Products.
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MBI Technology means any and all knowledge, information, know-how, methods and devices, whether patentable or not, owned or controlled by MBI and relating to the method or process of elasticity imaging as disclosed or shown in the MBI Patents for any purpose and the following assets of MBI: computers, electrical and electronic components, Teksean pressure sensor arrays and software purchased by MBI for project development.
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Examples of MBI Technology in a sentence

  • For purposes of clarity, no additional payment is due under this Section 2.4 for any subsequent commercialization(s) in the Consumer Market of any additional products or technologies within the MBI Technology Portfolio.

  • MBI hereby grants to Scotts, and Scotts hereby accepts, a first and exclusive right, during the Exclusivity Period, to evaluate, develop, and negotiate with MBI for a separate mutually agreeable Commercial Supply and License Agreement with respect to, the MBI Technology Portfolio, for potential commercialization within the Consumer Market in the Territory, subject to the terms and conditions of this Agreement (the “Exclusivity Grant”).

  • The Exclusivity Period and the Exclusivity Grant shall automatically terminate with respect to each and every MBI Proposed Technology that becomes a Declined MBI Technology pursuant to Section 3.3.3 hereof.

  • During the Exclusivity Period, MBI shall give to Scotts written notice, which may be delivered via electronic mail, indicating that a product or technology within the MBI Technology Portfolio has been determined by MBI to be ready to be commercialized, or is otherwise available for consideration for potential commercialization, in the Consumer Market in the Territory.

  • MBI shall solely own any and all Development IP that may arise under this Agreement and is derived from solely (i) MBI Background IP or MBI’s Confidential Information, or (ii) contributions by one or more of MBI’s employees (collectively, the “MBI Development IP”); and all such MBI Development IP immediately and automatically becomes part of the MBI Technology Portfolio and subject to Scotts’ exclusive rights under the Exclusivity Grant.

  • MBI hereby grants Genta a non-exclusive, fully paid up, royalty-free, worldwide license, with the right to sublicense, to use the MBI Technology to make, have made, use, offer for sale, sell, import, practice and otherwise dispose of Licensed Products, products, Licensed Methods, and methods.

  • Artann and its Affiliates may sell, assign, license, sublicense, grant security interests in or otherwise transfer rights to the MBI Technology and MBI Patents only pursuant to a written agreement that is subject to and consistent with all of the terms and conditions of this Agreement (a "Subsequent Transfer").

  • Except to the extent licensed to Chugai pursuant to Section 2.1(a) above, MBI shall retain all of its rights, title and interest in and to (i) all MBI Technology, MBI Patents, and MBI Improvements and (ii) all trademarks licensed to Chugai pursuant to Section 4.2(c).

  • Artann shall use reasonable efforts consistent with the exercise of its best judgment to exploit the rights transferred under this Agreement, and shall develop a plan for developing and commercializing the MBI Technology and the MBI Patents, directly and/or through approved sublicensing or other ventures, on terms not inconsistent with the terms of this Agreement.

  • DTR shall have no responsibilities for payments to the Authors or any other inventors of the MBI Technology.